About Swetal Ispat Limited
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Swetal Ispat Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1995PLC087482.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.09 Lakh. It is led by directors including Dharmesh Mukund Ved and Paresh Mukund Ved.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 251 Small Factory Areabagadganj, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹1.95 Lakh (net margin 64.9%) and EBITDA of ₹2.63 Lakh (EBITDA margin 87.8%).
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swetallogistics.com.
Company details
Contact details
Swetal Ispat Limited's registered office is in Nagpur, Maharashtra. Its website is swetallogistics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address251 Small Factory Areabagadganj, Nagpur, Maharashtra, India – 440008
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Swetal Ispat Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Swetal Ispat Limited
FY 2025 filings availableSwetal Ispat Limited reported revenue of ₹3 Lakh (up 150% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 150% in the latest year. EBITDA rose 178% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹2.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.8% | ||||
| Net Profit Margin | 64.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Swetal Ispat Limited, buy the company report.
Board of directors of Swetal Ispat Limited
Swetal Ispat has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Mukund Ved | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
| Paresh Mukund Ved | Director | 19 Apr 1995 | 31 Years 6 Months | Current |
| Shailesh Mukund Ved | Director | 30 Sep 1998 | 28 Years 1 Months | Current |
Peer comparison
Swetal Ispat Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Beldihi Ferrous Ltd | ₹3.05 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Rishra Steel Ltd | ₹3.04 Lakh (FY 2025) | -93.0% | Kolkata, West Bengal, India | |||
| Agate Iron & Steel Private Limited | ₹3.03 Lakh (FY 2017) | 44.0% | Ghaziabad, Uttar Pradesh, India | |||
| High Luck Steel Manufacturing Private Limited | ₹3.03 Lakh (FY 2022) | Lucknow, Uttar Pradesh, India | ||||
| Swetal Ispat Limitedthis company | ₹3 Lakh (FY 2025) | ₹1.95 Lakh | 64.9% | 150.0% | Nagpur, Maharashtra, India | |
| Jaiswal Alloys Pvt Ltd | ₹3 Lakh (FY 2025) | -56.0% | Guwahati, Assam, India | |||
| Minor Metal Private Limited | ₹3 Lakh (FY 2025) | 9.0% | Sundargarh, Odisha, India | |||
| Sujana Universal Industries Private Limited | ₹2.99 Lakh (FY 2025) | -38.0% | Hyderabad, Telangana, India | |||
| Dheeru Steel Private Limited | ₹2.95 Lakh (FY 2025) | 69.0% | Ghazipur, Uttar Pradesh, India | |||
| Panorama Iron & Steel Pvt Ltd | ₹2.94 Lakh (FY 2024) | -7.0% | Kolkata, West Bengal, India | |||
| Laxmi Steel Overseas Private Limited | ₹2.91 Lakh (FY 2025) | -100.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Swetal Ispat Limited, buy the company report.
Auditor
Swetal Ispat Limited is audited by AGRAWAL CHHALLANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL CHHALLANI & CO | FY 2023 | 100125W |
Shareholding
The shareholding of Swetal Ispat Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swetal Ispat Limited, buy the company report.
Legal cases
Swetal Ispat Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (L.A.R.) | Filed against the company by Dy Collector Land Acquisition No 2 Vidc Nagpur | Pending |
| District court, Nagpur, Maharashtra | Court case (L.A.R.) | Filed against the company by Dy Collector Land Acquisition No 2 | Disposed |
To see the full case history of Swetal Ispat Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swetal Ispat Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swetal Ispat Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swetal Ispat Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Mukund Mohanlal Ved ceased to be Director on 08 Oct 2021.
Frequently asked questions
Swetal Ispat is an active public limited company based in Nagpur, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 April 1995 (31+ years old) and is registered under CIN U27100MH1995PLC087482.
Swetal Ispat has 3 current directors:
- Dharmesh Mukund Ved - Director
- Paresh Mukund Ved - Director
- Shailesh Mukund Ved - Director
The latest financial statements of Swetal Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swetal Ispat is U27100MH1995PLC087482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swetal Ispat has 2 court cases on record: 2 filed against it. 1 is pending.
Swetal Ispat was incorporated on 19 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swetal Ispat by revenue are Beldihi Ferrous Ltd, Rishra Steel Ltd, Agate Iron & Steel Private Limited, High Luck Steel Manufacturing Private Limited, Jaiswal Alloys Pvt Ltd and 5 more, all in the Metals and Minerals industry (Steel).
Mukund Mohanlal Ved ceased to be Director on 08 Oct 2021. Dharmesh Mukund Ved was appointed as Director on 30 Sep 1998. Shailesh Mukund Ved was appointed as Director on 30 Sep 1998. Swetal Ispat has 4 board changes on record in total.
Swetal Ispat can be reached through the website swetallogistics.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Swetal Ispat is at 251 Small Factory Areabagadganj, Nagpur, Maharashtra, India – 440008.
Swetal Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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